For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Union Bank Of India for its Bhadrak branch in Bhadrak, Bhadrak, Odisha, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Union Bank Of India located in Bhadrak or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UBIN0818127. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Union Bank Of India, Bhadrak, Bhadrak
Below in the table are the key details related to IFSC Code UBIN0818127 of Union Bank Of India for its branch located in Bhadrak, within the district of Bhadrak in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0818127 |
| Branch | Bhadrak |
| City | Bhadrak |
| District | Bhadrak |
| State | Odisha |
| Address | College Roadadjacent To New S P Office Bhadrak |
These details help users in online banking and for businesses and individuals who use Union Bank Of India in Bhadrak for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0818127 for the Bhadrak branch of Union Bank Of India has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Union Bank Of India located in Bhadrak, Bhadrak, Odisha, are allotted a unique IFSC like UBIN0818127 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bhadrak.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bhadrak and Bhadrak.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Union Bank Of India in Bhadrak reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code UBIN0818127
The format of the IFSC Code for banks, including Union Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Union Bank Of India, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Bhadrak in Bhadrak.
For example, the IFSC Code UBIN0818127 of Union Bank Of India for the Bhadrak branch has these elements, identifying the bank and the branch location in Bhadrak and Odisha correctly.
How to Find IFSC Code for Union Bank Of India?
To find the IFSC Code UBIN0818127 of Union Bank Of India for its Bhadrak branch located in Bhadrak, the following methods can help you out:
Cheque Book
The cheque book issued by Union Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Union Bank Of India branches in Bhadrak and Bhadrak, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Union Bank Of India and go to the branch locator section. Then search for Bhadrak or Bhadrak to find the exact IFSC Code UBIN0818127.
Mobile Banking App
If you use Union Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Union Bank Of India and Bhadrak will provide accurate information.
How to Use IFSC Code UBIN0818127 for Online Transfers?
Once you have the IFSC Code UBIN0818127 for the Bhadrak branch of Union Bank Of India in Bhadrak, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UBIN0818127. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Union Bank Of India IFSC Code UBIN0818127.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Union Bank Of India Bhadrak in Bhadrak may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Union Bank Of India in Bhadrak, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Union Bank Of India website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Bhadrak to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0818127.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is College Roadadjacent To New S P Office Bhadrak located in Bhadrak, Bhadrak, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.